Important Notice:
Please be aware email is not a secure method of communication.

Do not use email to send us confidential or sensitive information such as passwords, account numbers or social security numbers. If you need to provide this type of information, contact us by phone, fax or regular mail.

Email Now Return to Berkshire Bank 
 

 
Center column content
Headline

SavingsĀ 

 
Video and accompanying text
Block Page Video

What is a Savings Account?

A savings account is provided by a bank as a safe place to store your money that you want to access at a later date. There are many benefits to storing your money in a savings account.

Savings Accounts…

  • Are often free to open or maintain
  • Earn interest, which is money the bank pays you for storing your money with them
  • Are a safe place to store your money
  • Let you store money for short or long periods of time
  • Come in all shapes and sizes designed to fit your particular financial needs

Saving money is an important part of financial well-being. Putting some of your money into a savings account makes your money to work for you and can provide a resource to draw on when unexpected expenses arise or can help you save up for larger planned expenses.

To see what a difference a regular savings plan can make, click here.

For more helpful Savings Account information, please see the links below:

Right column content
Content definitions:
Sidebar Business Login
Sidebar Personal Login
Sidebar Freeform
Sidebar Image and Link

Financial Literacy Toolkit